Thai is great location if you want to have true Bangkok experience - this is not a touristic area. A lot of locals live here, many cheap and great places to eat and to get traditional Thai massage. Yet is few minutes walking to the metro station and next to the bike taxi rank, so you can easily move around the city.
The host is super helpful - will reply quickly any time. Also you can find few printed guides at the apartment.
I'm really grateful for the hair conditioner under the shower :)
The only small con - I missed some kind of wardrobe with shelves